genePool One
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Cardano Staking Pool
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Epoch 326
16/03/2022

Expected number of blocks : 4.23

Block Allocated : 3

Blocks Produced : 3

Luck* : 71%

Blocks Predicted for the Next Epoch: 1 :(

We produced the expected three blocks successfully and for the next epoch we have an estimated one block allocated which is way below the expected four we should have with the stake we have but that is just what happens some epochs, so lets get through this and hope for a better allocation next epoch.

There is a new release of the node software (1.34.1) and we have upgraded to this during the epoch after producing our blocks. This is just a small bug fix release with no major new features. So apart from updating our three nodes with the new software we have been monitoring as we always do to ensure the pool is running smoothly.

That’s all for now so see you in five days for a quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 327
21/03/2022

Expected number of blocks : 4.24

Block Allocated : 1

Blocks Produced : 1

Luck* : 24%

Blocks Predicted for the Next Epoch: 7

Well we made the one block we were allocated and the good news is for the next epoch we have an estimated seven blocks to be allocated which makes up for the low amount allocated this past epoch.

The new node with some slight bug fixes in it is running well and we have not had to do any maintenance on the pool this last epoch.

We hope to see more smart contracts being activated soon on the chain as there are over five hundred in development and see which are going to innovate and are not just NFT's but it is still early days.

Not much else to report on so see you in five days for another quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 328
26/03/2022

Expected number of blocks : 4.26

Block Allocated : 7

Blocks Produced : 7

Luck* : 164%

Blocks Predicted for the Next Epoch: 5

A nice epoch for the pool and delegators as we were allocated seven blocks and produced them all. For the next epoch we again have an above average allocation of five blocks so we are happy with that.

The pool is running smoothly although this epoch on of the relays did lock up but our monitoring script caught this and restarted the relay, which is why you should have a minimum of two relays for redundancy. Other than this it was a quiet epoch.

It looks like development of smart contracts and performance optimisations of Cardano are forging ahead and we should see hydra released in the not too distant future - this is not a solution to all scaling scenarios but should help - and for the next hardfork in the summer there is the performance optimisation of diffusion pipelining see https://iohk.io/en/blog/posts/2022/03/21/increasing-the-transaction-throughput-of-cardano/

Not much else to report on so see you in five days for another quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 329
31/03/2022
Contact - info@genepool.one

Expected number of blocks : 4.02

Block Allocated : 5

Blocks Produced : 5

Luck* : 124%

Blocks Predicted for the Next Epoch: 6

Another nice epoch with above average rewards for delegators and for the next epoch (5 days) we have and estimated six blocks on an expectation of four so again this should mean above average returns.

This epoch we had to renew KES keys and node certificate which has to be done every ninety days and is a security precaution. So this has been done and we will monitor closely the next expected block to ensure it is made as this is a change if you make a mistake with will ensure you don't produce any blocks.

We do not have much else to report on so see you in five days for another quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 330
05/04/2022
Contact - info@genepool.one

Expected number of blocks : 4.02

Block Allocated : 6

Blocks Produced : 6

Luck* : 149%

Blocks Predicted for the Next Epoch: 6

We are on a nice roll of epochs with above expected numbers of blocks, meaning better returns for delegators so long may this continue. We produced all the blocks we were allocated and the KES rotation was successful in the previous epoch.

This epoch was quiet and we were just monitoring the pool.
We do not have much else to report on so see you in five days for another quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 331
10/04/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 6

Blocks Produced : 6

Luck* : 150%

Blocks Predicted for the Next Epoch: 4

All six blocks were produced and we have an estimated four blocks allocated for the next epoch which is what is expected with the amount of stake delegated to the pool.

Another boring epoch for news as nothing happened with the pool apart from us monitoring the performance. There is an upcoming hard fork in June so things will start accelerating in the next few weeks and we will see some new node software releases to be ready for the fork. For now we do not have much else to report on so see you in five days for another quick update.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 332
15/04/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 4

Blocks Produced : 4

Luck* : 100%

Blocks Predicted for the Next Epoch: 1 :(

We produced the four blocks we expected this epoch and for the next epoch we have an estimated one block allocated to the pool on an expectation of four so that is not great at all but is what happens.

Nothing done to the pool this month just monitoring but there is a new node on the way 1.35 and we have a date for the Vasil hardfork which is currently set for June 29th and is set to introduce new technology to help with throughput (pipe-lining) and help improve Plutus for DApp developers so this is exciting and the development of Cardano seems to carry on at pace. We need many improvements for DApps and the first of these will be in at the hardfork so we should see some new projects launching shortly after this date. The block size is being increased to 88kb in the next epoch to help increase throughput so optimisation of the chain parameters keeps on taking place.

For those interested in some more details on the hard fork you can watch the mid montly development update here - https://www.youtube.com/watch?v=B0tojqvMgB0

So lets get through this epoch quickly as we only have a single block and get to see some better times and returns soon. Until the end of the next epoch stay safe, have fun and have a great Easter break!

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 333
20/04/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 1

Blocks Produced : 1

Luck* : 25%

Blocks Predicted for the Next Epoch: 2

We produced the single block allocated and for the next epoch we have an estimated one hundred percent improvement with two blocks although this is still below the expected four blocks that should be allocated based on our stake size but that is the nature of the beast as I am sure you tired of us explaining ;)

The pool is running smoothly and there was little maintenance during this epoch just mainly monitoring. We have some other projects we are working on and of course life gets in the way as well but we are always looking to improve our pool performance and keep it producing blocks for our delegators.

Things will start moving quicker over the coming month as the Vasil hardfork appears on the horizon and we expect an uptick in transactions and DApp releases in the second half of the year. So until the end of the next epoch stay safe, have fun and we will update you on the coming epoch soon.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 334
25/04/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 2

Blocks Produced : 2

Luck* : 50%

Blocks Predicted for the Next Epoch: 2

We produced the two blocks allocated this epoch and we continue the theme of below average block allocation with another epoch where we are estimating two blocks to be allocated on an average expectation of four based on stake.

The pool continues to run smoothly and there was little maintenance during this epoch just mainly monitoring. We are waiting on the new node software releases for the next hard fork but this could be another month until release.

So at the moment carry on and hope for a better allocation next epoch. We will return with the next epoch's figures with another short update in five days, until then have a great time and be safe.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 335
30/04/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 2

Blocks Produced : 2

Luck* : 50%

Blocks Predicted for the Next Epoch: 8

Well another two blocks produced which was all we were allocated as predicted but we have an estimated eight blocks for the next epoch which makes up for the last two poor epochs.

Another epoch of just monitoring the pool and ensuring we make all the blocks we can for our delegators each and every epoch.

Slightly late with this update by a few hours but we will and be less tardy next epoch, until then have a great few days and be safe.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 336
05/05/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 8

Blocks Produced : 8

Luck* : 200%

Blocks Predicted for the Next Epoch: 7

Great epoch with eight blocks allocated and produced and an estimated seven blocks for the next epoch which is very nice :)

Pool is running super smooth and no issues seen this epoch - long may this continue. We continue to wait for new node software and P2P (Peer to Peer) to completely decentralise the node discovery of other nodes but these things are coming soon and will require some work.

So with a good epoch behind us and another one ahead we wish you a great epoch and will return with a short update then.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 337
10/05/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 7

Blocks Produced : 7

Luck* : 175%

Blocks Predicted for the Next Epoch: 4

Good epoch with all blocks made and an estimated four in the next epoch which is on average.

Really wish there was some exciting news but generally all is running well and smooth. We continue to wait for the software releases before the next hardfork at the end of June which is still on schedule.

We will return with a short update on performance and expected blocks at the end of the epoch, have a great five days!

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 338
15/05/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 4

Blocks Produced : 3

Luck* : 75%

Blocks Predicted for the Next Epoch: 7

For the first time in a long while we lost a block - the first of the four we were allocated. This can happen as pools can be allocated the same block and then it is up to some random process as to which pool gets to make the block. So that was not a great start to the epoch but we made the remainder and for the next epoch we have an estimated seven blocks.

Again nothing major of note regarding the running of the pool. We updated the OS to the latest patches on our relays and core and apart from looking into why we missed the first block the epoch was quiet.

We will return with a short update on performance and expected blocks at the end of the epoch, have a great five days!

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 339
20/05/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 7

Blocks Produced : 7

Luck* : 174%

Blocks Predicted for the Next Epoch: 2

Normal service is resumed with all blocks produced (seven). For the next epoch we have an estimated two blocks.

Couple of issues this epoch and this was a crash when ran the script that generates the expected blocks for the next epoch and then as this was a crash it meant approx forty minutes was spent by the node checking the database to ensure it was correct. This has the effect that our monitoring script sees no transactions processed and then restarts the system after ten minutes. This is a safety measure in case human operators are for some reason otherwise occupied. This was fine at the start of the project but now the block-chain is so large it takes longer to validate it on a crash and therefor our monitor script keeps restarting the node while it is still validating. So we have to change our script to check if the system is validating the database and then hold off the restart and therefore only restart if the system for some reason stops processing transactions during normal operation.

The crash was due to resource use so we will see how the resource usage of the node progresses in upcoming releases as we are already paying quite a lot for the systems we are running and to upgrade them yet again to 32GB and extra processors is going to be financially painful. Lets see what the future brings, we will just run the prediction software on a spare system for the future that will have no effects if it crashes due to resource use.

Anyway enough of all that and we get back to you at the end of the epoch, have a great five days!

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 341
30/05/2022
Contact - info@genepool.one

Expected number of blocks : 4

Block Allocated : 8

Blocks Produced : 8

Luck* : 200%

Blocks Predicted for the Next Epoch: 9

Firstly apologies for no update for the last epoch that was due to some crazy issues and was not acceptable so we are back again for our weekly quick update.

We just had a great epoch with eight blocks and have another potentially great epoch with nine blocks coming up, things are looking good!

We still have issues running the predicted block generation script so this is being looked into but apart from this the pool continues to run smoothly although resources are tight - memory mainly. We continue with 16GB per machine for the future but we are monitoring the situation closely.

We have not seem]n much information on new software versions for the Cardano node which must be coming with the hard fork approaching and P2P which will help decentralise the eco system further so we await these eagerly.

Not much to report otherwise so we will return with a short update at the end of the next epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 342
04/06/2022
Contact - info@genepool.one

Expected number of blocks (based on delegation): 4

Blocks Allocated : 9

Blocks Produced : 9

Luck* : 223%

Blocks Predicted for the Next Epoch: 7

Great epoch with nine blocks produced and we have an estimated seven for the next epoch which is again above what we expect so extra rewards coming to all delegators again this coming epoch.

We are super busy with a location change at present so please bear with our even less than descriptive epoch updates but we try the best we can to provide the basic information and of course we monitor the pool continuously.

Nothing to report of interest this epoch so we will hopefully have something regarding upcoming hard fork soon.

Have a great next epoch and we will return with a short update at the end of the epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 343
09/06/2022
Contact - info@genepool.one

Expected number of blocks (based on delegation/stake): 4

Blocks Allocated : 7

Blocks Produced : 7

Luck* : 173%

Blocks Predicted for the Next Epoch: 6

Another really good epoch with seven blocks produced and again for the next epoch we have six allocated which is again above expectations so we are happy to continue this good run of luck.

We are still busy with moving and setting up new infrastructure - even though our servers run in the cloud it is important to have a reliable setup locally. This has taken some effort and of course money but this is worth it for our new location.

We believe the hard fork is still on schedule for the end of this month so we really expect to be seeing new Cardano node software being released imminently. We also are looking forward to P2P as this improved decentralised discovery of other nodes in the blockchain whereas at the moment we are relying on a 3rd party service.

So until the new software hits there is nothing more to say we will return with a short update at the end of the epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 344
014/06/2022
Contact - info@genepool.one

Expected number of blocks (based on delegation/stake): 4

Blocks Allocated : 6

Blocks Produced : 5

Luck* : 148%

Blocks Predicted for the Next Epoch: 4

We we made above average returns but we lost another block this epoch. Still looking into it as it was produced and broadcast to the network we are just checking as to why it never made the ledger. It always hurts us to lose a block but there is within the protocol blocks that be allocated to two pools and a lottery takes place to see which pool gets the block.

Still very busy setting up at new location so we are maxed out and as we always say we will never move again!

Not sure what is happening with the hard fork to be honest we have not kept up to date as much as we would have liked recently with developments but there is no new node software release yet so it seems it is getting close as all pools need to upgrade before the hard fork.

There interesting news on a new lightweight wallet called lace with DApps, NFTS, DeFi see more here https://hubs.li/Q01dbjYx0

We will return with a short update at the end of the epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 345
19/06/2022
Contact - info@genepool.one

Expected number of blocks (based on delegation/stake): 4

Blocks Allocated : 4

Blocks Produced : 4

Luck* : 100%

Blocks Predicted for the Next Epoch: 6

All blocks allocated were made and recorded on the blockchain and we have an above average expectation of six blocks for the next epoch.

Things are starting to calm down after our relocation and we are getting back into normal routines which is great.

Heard some update on the hard fork and updates to Plutus language and to us it seems it will not make the date specified at the end of the month. The talk now is about forking the testnet and that will take time to monitor and then the new node needs to be released to pool operators and they need time to upgrade as well as exchanges and other parnters as there will be a new version of DB Sync so we estimate it will be pushed back at least a few weeks.

It's been a tough week in crypto land regarding prices but bear markets are for the chains that are building and means Cardano will be back stronger and quicker for the next bull run. Lots of exciting things being built and Plutus is developing so it will be interesting to see where we are a year or two.

We will return with a short update at the end of the epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.
Epoch 346
24/06/2022
Contact - info@genepool.one

Expected number of blocks (based on delegation/stake): 4

Blocks Allocated : 6

Blocks Produced : 6

Luck* : 150%

Blocks Predicted for the Next Epoch: 3

A good epoch with all six blocks produced and we have an estimated three blocks for the next epoch.
As we said last week we didn’t believe the hard fork date would be met and we were correct, it looks like the new date is the end of July see more here https://iohk.io/en/blog/posts/2022/06/20/vasil-upgrade-the-state-of-play/

In other news Charles Hoskinson has been in front of congress, here is the transcript with a video link at the end - https://iohk.io/en/blog/posts/2022/06/23/future-of-digital-asset-regulation-testimony-of-charles-hoskinson/

Nothing else major to report so we will return with a short update at the end of the epoch.

*– Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.